Casey’s General Stores Inc. (CASY) reported a notable increase in profits for the first quarter, surpassing both its previous year’s performance and Wall Street expectations.The company posted earnings of $180.2 million, or $4.83 per share, significantly up from $169.2 million, or $4.52 per share, in the corresponding quarter of the previous year.According to Thomson Reuters, analysts had anticipated average earnings of $4.51 per share for the company, typically excluding any special items.Revenue for the quarter experienced a 5.9% increase, rising to $4.097 billion from $3.869 billion recorded last year.Summary of Casey’s General Stores Inc. first-quarter earnings (GAAP):- Earnings (Q1): $180.2 million vs. $169.2 million last year- EPS (Q1): $4.83 vs. $4.52 last year- Revenue (Q1): $4.097 billion vs. $3.869 billion last year.The material has been provided by InstaForex Company – www.instaforex.com
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